Tuesday, 21 May 2019

MassMutual hires workplace distribution chief

Bob Carroll was appointed as head of workplace distribution for Massachusetts Mutual Life Insurance, a role that covers retirement plans and other benefits.Mr. Carroll reports to Teresa Hassara, head of workplace solutions for MassMutual. He is “responsible for executing the workplace distribution strategy, continuing to develop sales talent, driving revenue and growing MassMutual’s share of the retirement and work site markets,” said a MassMutual news release Monday.Mr. Carroll had been head of sales and distribution at John Hancock Retirement Plan Services.Related CoverageJack Ma-backed Yunfeng to buy MassMutual Asia in deal giving MassMutual 25% stake in Yunfeng Blackstone, GIC, MassMutual acquire remaining 33% stake in Rothesay Life Invesco to buy OppenheimerFunds from MassMutualAt MassMutual, he replaces Hugh O’Toole, who left “earlier this year to pursue a new business opportunity,” David Potter, a MassMutual spokesman, wrote in an email. Google News – Editors Picks, People, Defined benefit plans, Defined contribution plans, Insurers, Money management, Source: https://www.pionline.com/article/20181112/ONLINE/181119964/massmutual-hires-workplace-distribution-chief

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